Able Finance vs Bitway

Able Finance (ABLE) and Bitway (BTW) compared side by side. Over the past 30 days, BTW is ahead by 55.9 percentage points (ABLE -10.4% against BTW +45.5%). Their daily returns move barely in opposite directions (correlation -0.10 across 21 shared trading days). BTW has been the more volatile of the two, at 362% annualised against ABLE's 46%.

Correlation: -0.10
Ahead over 30 days: BTW

Able FinanceABLE

$1.493e-5

24h: -0.41%
Market cap: —
Volume 24h: $1
Volatility (ann.): 46%

BitwayBTW

$1.0240

24h: +4.53%
Market cap: $1.54B
Volume 24h: $6.31M
Volatility (ann.): 362%

ABLE 0.0%Share of the two combined market caps100.0% BTW

Performance

ABLEBTW

7 days-7.11%-40.12%ABLE
30 days-10.41%+45.45%BTW

Correlation

-0.10over 21 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	ABLE	BTW
Max drawdown (400d)	-11.8%	-60.7%
Risk-adjusted return (90d)	-0.23	0.48

Relative strength over 90 days: ABLE outperformed BTW by 57.2% — measured on the ABLE/BTW ratio, so it holds regardless of market direction.

Able Finance →Bitway →